The Gower Initiative for Modern Money Studies
An independent, non-profit organisation – part of a growing international movement challenging the economic orthodoxy of the last five decades
‘What you do makes a difference, and you have to decide what kind of difference you want to make.’ Dr Jane Goodall, Scientist & Activist This week, Sajid Javid, …
If we can find money for corporations, we can find money for the people who need it. Read MoreBy Carlos García Hernández (originally published in Spanish in El Común ) “(a) the monopolistic political power of the Chinese Communist Party (CCP) must not be challenged; (b) within the …
A Chinese socialist consensus Read More“The kind of transformation that is now required [to address the climate crisis] will happen only if it is treated as a civilizational mission, in our country and in every …
The G7 jolly – a symbol of everything that is wrong with the global economic system. Read More“OK…SO WHERE DOES THE FUNDING COME FROM?” It depends on what we are talking about. If we are talking about universal health care, a Job Guarantee, infrastructure work, etc., the …
Have we had enough of market-led dogma yet? Read MoreMMT is a description of the monetary system. It is not something you can “switch to”, “implement”, or “use”. It merely describes what already is. The description, once understood, implies …
Money for bombs, but not for people? Read MoreToo large a proportion of recent “mathematical” economics are mere concoctions, as imprecise as the initial assumptions they rest on, which allow the author to lose sight of the complexities …
The Budget should be about building a just society, not balancing the books. Read MoreAndrew Berkeley Richard Tye Neil Wilson First published 26th December 2020. This version published 21st February 2021 An Accounting Model of the UK Exchequer 2nd edition In this …
An Accounting Model of the UK Exchequer – 2nd edition Read MoreA guest post by Dirk Ehnts, originally published in German here On Monday, January 29, 1996, Warren B. Mosler, Director of Economic Analysis at III Finance, wrote a message …
Happy 25th birthday, Modern Money Theory! Read MoreBy Carlos García Hernández Article originally published in Spanish by RedMMT here Marx argues that any economic system based on private ownership of the means of production is doomed to …
The Paradox of the Two Knights Read MoreThe old world is dying, and the new world struggles to be born; now is the time of monsters. Antonio Gramsci In the week that the Chancellor Rishi Sunak announced …
Time to worry less (or better not at all) about the national debt and challenge the government’s economic record instead. Read More